Fabrizio Freda is President and Chief Executive Officer of The Estée Lauder Companies, the global leader in prestige beauty. Mr. Freda is a member of the Company’s Board of Directors. We anticipate global prestige beauty to progressively return to growth during fiscal 2021, and expect to continue to build global share. President and CEO Fabrizio Freda describes the achievement as “a new level of ambition and dedication to climate action,” as the beauty company sets even more ambitious climate targets for the next decade. He joined the company in March 2008 as President and Chief Operating Officer and assumed the CEO position in July 2009. We also remain steadfast in delivering progress against our citizenship and sustainability strategy and goals. As consumer adoption of Online accelerates, so have our investments in High-Touch services on our brand sites, such as live chat capability with video, enhanced virtual try-on, livestreaming and more. For all of these reasons and more, we look forward to a bright and beautiful future. Estée Lauder’s Fabrizio Freda named one of World’s Best CEO’s by Barron’s. The Estée Lauder Companies Inc. (NYSE: EL) held its Annual Meeting of Stockholders today. We remain focused on leading with sensitivity and care as we support our employees, recognizing that our regions are at different stages of the pandemic. Advanced Night Repair Synchronized Multi-Recovery Complex, Find out more about how we use cookies and how to manage your settings, Listening and learning, to foster a stronger internal culture of advocacy and inclusion, Focusing on talent and opportunity, to ensure that we are providing more equitable access to professional development and advancement, Investing for change through a three-year $10 million pledge from the company, its foundation, employee matching gifts and the Lauder family to support non-profits and other organizations. Most recently he exercised 117,239 units of EL stock worth $7,891,357 on 11 November 2020.. Thank you for accessing our content on the Topio Networks Market Intelligence Center. Mr. Freda joined The Estée Lauder Companies in March 2008 when he was appointed President and Chief Operating Officer. We delivered excellent performance across sub-categories, due to strong repeat purchase rates, data and analytics-driven marketing, new social selling strategies developed during COVID-19, and product innovations that consumers love. We want to make sure you get the most out of our platform. Additionally, we offer Presidential Management Associate (PMA) and Presidential Associate (PA) programs designed to attract, develop and retain top MBA and undergraduate talent. In fiscal 2020, the company’s growing renewable energy portfolio expanded with new, on-site solar projects and the execution of a virtual purchase power agreement (VPPA) for a wind farm in Oklahoma. We delivered superior sales growth in APAC in fiscal 2020, with every category in the region expanding, led by accelerating growth in Skin Care. During fiscal 2020, our Transformation capability generated significant results across our business, enabling us to build on growth opportunities across categories, geographies, channels and consumer segments with agility and speed. Fabrizio Freda is President and Chief Executive Officer, The Estée Lauder Companies, the global leader in prestige beauty. And this is just the beginning: We have many strategic initiatives underway to further unlock the potential of this important channel. Our 10-year Compass, which serves as a high-level, directional roadmap, is updated every few years using cutting-edge research, data and analytics to reflect the most promising growth areas in prestige beauty across geographies, channels, categories and consumers, as well as shifts in global economic, demographic and social trends. We continue to believe that strong consumer demand for our high-quality products remains, despite the ongoing challenges and disruptions related to the global pandemic. From providing monetary contributions to our global communities, to providing products for front-line workers, to producing hand sanitizer for high-need groups and populations, our employees are leading with purpose and continuing to do their part and give back. I am incredibly proud of how our company, with passion and compassion, has contributed to global relief efforts and rapidly embraced consumers’ evolving needs. By Molly Prior and Pete Born on May 8, 2009 For this reason, in June 2020 we announced a comprehensive set of commitments to act with urgency on achieving racial equity, including: Since announcing our commitments, we have held numerous town halls with our employees, begun to identify gaps in our professional development and advancement opportunities for our existing Black talent, and continued to review products for cultural sensitivity and local relevancy, among other actions. Today, taking care of one's skin is an expression of self-care — and self-care is more important than ever. Despite some bright spots, particularly our agile shift to Online, we have seen challenges broadly across several areas of our business during this time. Despite the ongoing challenges of the current environment, we remain steadfast in delivering progress against our citizenship and sustainability strategy, goals and targets. In this role, he is responsible for developing and achieving the Company’s overall vision, strategy, financial objectives and investment priorities. Thirty top CEOs were announced. Particularly during one of the most challenging times we have faced, we are proud to recognize the incredible compassion and resilience of our employees who continue to support their communities and each other, while also working to mitigate the business impacts of COVID-19 and drive the recovery of growth. Now more than ever, the importance and urgency of this work is clear for our business, our communities and our planet. This unique approach enables us to nimbly deploy, and shift, if necessary, resources to the most attractive opportunities across our business, positioning our company for both short- and long-term success. For us, Transformation has become part of our DNA: an integrated capability that is key to our continued momentum. Innovation is fundamental to our strategy, and despite the challenges in late fiscal 2020, new products once again represented over 25 percent of sales for the fiscal year. Our 10-year Compass, which serves as a high-level, directional roadmap, is updated every few years using cutting-edge research, data and analytics to reflect the most promising growth areas in prestige beauty across geographies, channels, categories and consumers, as well as shifts in global economic, demographic and social trends. As President and Chief Executive Officer at ESTEE LAUDER COMPANIES INC, Fabrizio Freda made $17,650,495 in total compensation. This year, we found that many trends that we were already tracking within prestige beauty have been further accelerated due to the impacts of COVID-19. Our multiple engines of growth strategy, which is based on insights from our Compass, has powered our success for over a decade and continues to be highly effective. Beyond productivity improvements in our brick-and-mortar footprint, we expect the program to better position us to capitalize on our omnichannel strategy. Notably, these include declining net sales in The Americas and our Europe, the Middle East & Africa regions, reflecting very difficult environments. As The Estée Lauder Companies approaches the 75th year anniversary of its founding, and 25 years as a public company, the world is facing a moment unlike any other in modern history. We are deeply inspired by our employees’ resilience, creativity and spirit, and forever grateful for the countless ways they are making our company, and our world, a better place. Find out more about how we use cookies and how to manage your settings. Since assuming the CEO position in July Korea and other markets in the region also grew for the year, driving prestige beauty share gains. Gibu will report directly to Fabrizio Freda, President and … Mr. Freda is a strategically focused, financially disciplined, results-oriented leader with a proven track record in the consumer products arena. We proudly recognize these attributes as core to our strength, while acknowledging that we can and will do more. Our business continues to benefit from the strategic actions we have taken to position our company for recovery and sustainable, profitable growth. Same platform but with new and improved features. The Estée Lauder Companies Inc. (EL) CEO Fabrizio Freda on Q1 2021 Results - Earnings Call Transcript SA Transcripts Nov. 02, 2020 4:26 PM ET Horizon … The Estée Lauder Companies Inc. (NYSE:EL) Q1 2021 Earnings Conference Call November 02, 2020 09:30 AM ET Company Participants Rainey Mancini - SVP, IR Fabrizio Freda - … Overall, fiscal 2020 was truly a year without parallel: a dramatic tale of two halves. Even with the challenges of this year, we are optimistic about the future. As the COVID-19 pandemic presents new barriers to in-school learning and particular challenges for women and girls around the world, The Estée Lauder Companies’ Charitable Foundation’s (ELCCF) Girls’ Education Initiative continues to provide an unwavering investment in girls’ education, specifically for non-profit partner organizations working tirelessly to ensure that girls across the globe have the resources and safe spaces they need to continue learning. William P. Lauder, Executive Chairman, chaired the meeting. Throughout the fiscal year, we generated growth in key areas of the business, driven by our diverse portfolio of beloved brands. 1. We remain focused on the safety and well-being of our employees, their families and our consumers as this pandemic continues to have an impact in both the short and long term. Our non-GAAP financial measures may not be comparable to similarly titled measures used by, or determined in a manner consistent with, other companies. On today's call are Fabrizio Freda, President and Chief Executive Officer; and Tracey Travis, Executive Vice President and Chief Financial Officer. Fabrizio Freda is President and Chief Executive Officer, The Estée Lauder Companies, a position he assumed on July 1, 2009. While many summer internship programs looked different this year, our summer internship took place virtually, and comprised of over 150 students across our brands, regions and functions, demonstrating our continued commitment to investing in the talent of the future. Estée Lauder CEO Fabrizio Freda on Big Earnings, China, and Complex Beauty Routines . When Italian-born businessman Fabrizio Freda became chief executive of the Estée Lauder luxury empire in 2009, he had a lot of work to do. 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